Institutional Consulting CONSULTANTS Paige B. Daniel Managing Director J. Derek Peterson, CFA Director Eric J. Ralph, CFA Managing Director J. Michael Thomas, CFA Director Scott W. Sealock, CFA, CPA Director PERFORMANCE MEASUREMENT Mary Anne Jackson Pugh Vice President Highland Associates Team Save Trey Echols President and Chief Executive Officer Hunter W. Craig Managing Director Paige B. Daniel Managing Director Eric J. Ralph, CFA Managing Director Mandy Poe Chief Compliance Officer T. Jason Copeland, CFA, CAIA Director J. Derek Peterson, CFA Director Scott W. Sealock, CFA, CPA Director J. Michael Thomas, CFA Director Mary Anne Jackson-Pugh Vice President Matt Sampson, CFA Vice President